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Impacts of storage dispatch on revenue in electricity markets

机译：储存量对电力市场收入的影响

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As electricity storage deployments grow-due to decreasing costs and increasing grid flexibility requirements-market frameworks governing their dispatch and remuneration are a growing area of interest and importance. For example, the recent Federal Energy Regulatory Commission Order 841 instructs independent system operators to remove barriers of entry for storage assets. This paper reviews electricity market rules to inform an accurate representation of storage bidding behavior in day-ahead (DA) and real-time (RT) electricity markets. Storage dispatch strategies are explored using production cost and price-taker models to address two related research questions: (1) will storage assets receive the highest remuneration by bidding into DA markets, bidding into RT markets, or redispatching bids in both markets and (2) how accurate must forecast information be for a redispatch strategy to improve remuneration? Results show that with sufficient ability to forecast prices, redispatching a DA schedule in the RT takes advantage of both markets: a longer dispatch horizon as well as more volatile prices.
机译：由于电力存放部署的成长 - 由于成本降低和增加网格灵活性要求 - 管理其派遣和薪酬的市场框架是一个日益增长的感兴趣和重要性。例如，最近的联邦能源监管委员会订单841指示独立的系统运营商去除储存资产的进入障碍。本文评论了电力市场规则，可在前方（DA）和实时（RT）电力市场中准确表示储存招标行为。使用生产成本和价格-AKER模型来解决两个相关研究问题的储存派遣策略：（1）储存资产将通过竞标进入DA市场，竞标于RT市场，或在两个市场中的重新定位竞标（2 ）预测信息的准确性如何用于改进薪酬的重新分类策略？结果表明，具有足够的预测价格的能力，RT中的DA时间表利用两种市场：更长的派遣地平线以及更有波动的价格。

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